Zepto doubles revenue ahead of IPO, order share rises to 35%; founders skip OFS
Quick-commerce firm Zepto more than doubled its revenue in FY26 while expanding its share of industry orders, according to its updated draft red herring prospectus (UDRHP) filed with the Securities and Exchange Board of India ahead of its proposed initial public offering.
The company reported revenue from operations of Rs 22,624 crore in FY26, up 103.6% from Rs 11,110 crore in FY25. Net loss widened to Rs 5,905 crore during the year as the company continued to invest aggressively in expansion, dark-store additions and customer acquisition.
